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ROFR metric / Ongoing ROFR Activity

Discussion in 'Marriott Vacation Club' started by GregT, May 5, 2015.

  1. ski_sierra

    ski_sierra TUG Member

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    Marriott exercised ROFR on an EOY 2 BR Grand Chateau week for $1750. A few weeks ago, I had tried $750 and I thought about trying $1750 as I saw some weeks that had passed for $1k.
     
  2. qlaval

    qlaval TUG Member

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    7 days and still waiting for the ROFR... Aruba Ocean Club 1 BD OF Gold $4,000...:shrug:
     
    Last edited: May 16, 2019
  3. qlaval

    qlaval TUG Member

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    Update: 9 days later Marriott did exercised their ROFR for an Aruba Ocean Club 1 BD OF Gold at $4,000...:(
     
  4. BJRSanDiego

    BJRSanDiego TUG Member

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    Looking at the database, it seems like Marriott is failing a high percentage of the Grand Chateau units. A few years ago, it was much easier to get a "pass".

    If you keep on trying by offering an amount that is close to the "strike" zone or slightly above it, eventually you'll succeed.

    Alternatively, consider doing a Google search of Marriott timeshares not subject to ROFR. I recall that there were eight. Desert Spring Villas 1 is one of them.
     
  5. wmp0719

    wmp0719 Guest

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    Yes, this is what I did when I purchased my first Marriott TS. I bought a resale week in HHI (Summer) that was not subject to ROFR. I think there are currently 9 Marriott resorts not subject to ROFR and they all exchange through RCI and II still. They are:
    -Streamside: Birch, Douglas (Not Evergreen)
    -Cypress Harbour
    -Desert Springs Villas I (not Desert Springs Villas II)
    -Harbour Club
    -Heritage Club
    -Monarch
    -Royal Palms
    -Sabal Palms
    -Sunset Pointe

    If you are worried about not passing ROFR but really want to own in Marriott and possibly trade, then IMO I suggest buying from one of these resorts. My HHI resort trades well in II and RCI.
     
  6. dioxide45

    dioxide45 TUG Review Crew: Veteran TUG Member

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    You missed Frenchman's Cove and Fairway Villas. From the FAQ Sticky;
    • Marriott's Frenchman's Cove • MFC
    • Marriott's Desert Springs Villas • MDS * (See note.)
    • Marriott's Fairways Villas • MFV
    • Marriott's Harbour Club at Harbour Town • MHH
    • Marriott's Harbour Point at Shelter Cove • HPS
    • Marriott's Heritage Club at Harbour Town • MHG
    • Marriott's Monarch at Sea Pines • MMS
    • Marriott's Royal Palms • MRP
    • Marriott's Sabal Palms • MSP
    • Marriott's Streamside (Birch, Cedar, Douglas) • MVB, MCD, MDO
    • Marriott's Sunset Pointe • MSN
     
  7. wmp0719

    wmp0719 Guest

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    Thanks so much, I did miss those.
     
  8. Dean

    Dean TUG Member

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    And while it was included in your list, you didn't mention Harbour Point though it's on your list. To my knowledge not all of those trade through RCI.

    I don't think FC, HP/SP, FV or Heritage do.
     
  9. dioxide45

    dioxide45 TUG Review Crew: Veteran TUG Member

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    SVV - Key West
    I got confused by the math. @wmp0719 listed nine but there were eleven in the list on the sticky. So I identified two more. The problem was that in the nine, Cypress Harbour was listed, but it does have ROFR.

    I also don't think RCI has anything to do with RCI other than coincidence. Early on with Marriott their resorts were affiliated with RCI, so most of those early ones trade in RCI as well as their new affiliation II. Some other resorts don't have ROFR for legal reasons, such as Frenchman's Cove.
     
    qlaval likes this.
  10. Dean

    Dean TUG Member

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    Correct Marriott was with RCI early and as such, their early resorts were with RCI and when they moved to II, those resorts became dually affiliated. HP as an existing resort was already with II so even though it was the earliest surviving resort in the system it is not usable with RCI.
     
  11. CDD

    CDD Guest

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    No - this is one I bought for $3200. I'll post on ROFR.net once I have my deed in hand. I did see someone else bought one for $3,150 on ROFR.net - that must be You!
     
  12. Shaun

    Shaun TUG Member

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    Wow, congrats! Yes, the $3,150 is mine. I'm getting addicted now, I'm searching for some 2 BR's to buy. The only bummer about just closing on it recently is that I couldn't book February (when we like to go) because it was all booked up by the time that I got my member number. Oh well, there's always 2022 or I just might rent from someone. I have mine up for rent for a January week that I found available.
     
    CDD likes this.
  13. TXTortoise

    TXTortoise TUG Member

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    MOC Lahaina Fixed (3+)
    Vail Streamside Birch
    Marriott Maui Lahaina Tower... I didn't expect Mox' 2BR to pass at $27K, and it didn't.

    Todd's did pass at $33K, equates to about $4.50/Point, which is starting to bracket the fail at $30K... Would suggest $33K might be new floor for 2BR OF Lahaina/Napili towers, but the ROFR wild card is still in play with a $30K pass in April.

    I wonder if the fixed week made a difference between the $30K pass and fail. ($4/Point)

    • Maui Ocean Club - Lahaina and Napili Villas 5/22/2019 Fixed 50 Annual 2BR Ocean Front $33,000.00 Passed Todd W
    • Maui Ocean Club - Lahaina and Napili Villas 5/15/2019 Platinum Annual 2BR Ocean Front $27,000.00 Failed Joe Cambra
    • Maui Ocean Club - Lahaina and Napili Villas 5/8/2019 Fixed 44 Annual 2BR Ocean Front $30,000.00 Failed Todd W
    • Maui Ocean Club - Lahaina and Napili Villas 4/1/2019 Platinum Annual 2BR Ocean Front $30,000.00 Passed Tres Gatos
     
  14. Saintsfanfl

    Saintsfanfl TUG Member

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    I think one of mine just hit a record. Shadow Ridge Villages Platinum exercised in one hour and fifty minutes. Has anyone ever seen a response that fast before?
     
  15. JIMinNC

    JIMinNC TUG Member

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    Maui Ocean Club
    Waiohai Beach Club
    Barony Beach Club
    Destination Club Trust
    HGVC:
    HGVC at Sea World
    I thought my recent Waiohai pass was fast at about 5 or 6 days. Yours must be a record.
     
  16. TXTortoise

    TXTortoise TUG Member

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    Pretty awesome.

    Beat my one day MOC three week package turnaround. Didn’t ask for hourly time stamp. :)
     
  17. CDD

    CDD Guest

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    Or you can just keep checking back with Marriott for February. Things often open up.
     
  18. CDD

    CDD Guest

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    You mean they took it back right? Or did it pass ROFR?
     
  19. Shaun

    Shaun TUG Member

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    That's good to know, thanks.
     
  20. CDD

    CDD Guest

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    They told me some people call daily. Last year I was able to change my dates so I could string 3 weeks together. It was much better than having to stay in a hotel for one night mid-stay.
     
    Shaun likes this.
  21. JoJo12

    JoJo12 TUG Member

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    We are thinking of selling half of our MOC Lahina tower to a family member. Does anyone one know if Marriott would be able to exercise ROFR on a share of a unit? I wouldn't think they could.
     
  22. vacationtime1

    vacationtime1 TUG Member

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    The CC&R's prohibit the subdivision of a timeshare interest. You could probably get away with adding them to your deed in exchange for quiet money, but that creates the issue of a shared co-ownership. Tread warily.
     
  23. Dean

    Dean TUG Member

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    You would have to add them to your deed and if you have other ownerships it'll make the MOC a separate membership.
     
  24. JoJo12

    JoJo12 TUG Member

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    We would just add a name to the deed, not officially split the interest. We don't own any other MOC interest.
     
  25. Dean

    Dean TUG Member

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    It's not just other MOC interests but Marriott weeks in general that are the issue.
     

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